Palantir Technologies
PLTRQ3 2024(PLTR Q2 FY2024)Derived40% AI
AI Revenue %
40%
AI Fair Value
$42.1B
AI Revenue (Q)
$271.3M
Total Revenue (Q)
$678.1M
Source: SEC EDGAR 10-Q Filing
View 10-Q on SEC.govAnalysis
AIP momentum intensifying. Revenue was $678.1M, up 27% YoY — the strongest growth rate in years, driven by AI demand. Income from operations reached $105.3M, up from $10.1M in Q2 2023. The filing shows single segment with Government/Commercial split. U.S. commercial revenue growth was especially strong, driven by AIP adoption. No AI-specific revenue disclosed. Estimating 40% — embedded ML (~5%) plus expanding AIP contributions (~35%) as enterprise AI platform sales mature. $271.3M AI / $678.1M total = 40.0%.
Analyzed by claude-opus-4-6
Quoted Figures
Revenue $678,134 (three months ended June 30, 2024)
10-Q for period ending 2024-06-30, Condensed Consolidated Statements of Operations
Note 12. Segment and Geographic Information for disaggregated revenue by customer segment and geographic region
10-Q Segment Note — no AI-specific segment disclosed
AI Products Identified (Ring 1)
AIP (Artificial Intelligence Platform)Gotham ML/AI featuresFoundry ML/AI capabilities
AI-Enabled Items (Ring 2 — Not Counted)
These items use AI but are not counted in the AI revenue estimate because they primarily serve non-AI functions.
Foundry data integrationGotham intelligence analyticsApollo operations
Confidence Tier
DerivedCalculated from reported segments primarily serving AI